Get Approved at The Lowest Rate
Navigating the process of buying a new home in Watsonville, CA while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Watsonville, CA or getting it ready for the market.
Identify the new home you want to buy in Watsonville, CA, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Watsonville, CA often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Watsonville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Watsonville, CA. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Watsonville, CA do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Watsonville, CA may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Watsonville, CA provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Watsonville, CA to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans in Watsonville, California offer numerous benefits: They provide the flexibility to purchase a new property before selling an existing one, helping avoid timing gaps and allowing for quick transactions. These loans also have competitive interest rates, making them an attractive short-term financing option for homeowners. Demographics: Watsonville, California, has a diverse population with a rich cultural heritage. The city is home to a large Hispanic community and offers a blend of urban and rural lifestyles, attracting residents of all ages and backgrounds. Housing Market: Watsonville's housing market is dynamic, with a mix of historic homes and modern developments. The city offers a range of housing options, from single-family homes to condominiums, catering to various preferences and budgets. Main Attractions: Watsonville boasts beautiful beaches, lush parks, and vibrant farmers' markets. The city's proximity to the Santa Cruz Mountains and Monterey Bay provides residents with numerous outdoor recreational opportunities, making it an ideal place to live for nature enthusiasts.
Benefits of Bridge Loans in Watsonville, California
